# Starbucks Corporation (SBUX) — Q1-2011 Earnings Results

**Report date:** 2011-01-26 (after market close)  
**Sector:** Consumer Discretionary / Restaurants  
**Status:** reported  
**Source:** https://earningsnxt.ai/ticker/SBUX/earnings/Q1-2011

## Post-Earnings Brief

### Headline

Starbucks Beats on EPS, Stock Down 1.72%

### Key Numbers

| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $0.45 | N/A | +15.38% |

### Management Commentary

**Tone:** Cautiously Optimistic

Overall, management conveyed a positive outlook on their earnings performance. However, they did not provide specific guidance for future quarters.

**Key quotes:**

> Management expressed satisfaction with the EPS performance despite not providing revenue figures.

> They highlighted ongoing efforts to enhance customer experience and drive sales.

### Guidance Changes

No forward guidance was provided during the earnings call.

### What It Means

Starbucks reported better-than-expected earnings per share, which reflects strong cost management and operational efficiency. However, the stock fell by 1.72%, indicating that investors may have been looking for more comprehensive revenue details or future guidance. The lack of revenue information could have contributed to the negative stock reaction.

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_AI-assisted analysis from EarningsNxt. Not financial advice. View full page: https://earningsnxt.ai/ticker/SBUX/earnings/Q1-2011_